Non-GMO soybean prices have edged slightly higher hovering near $1.40 as a premium to the local cash prices. Merchandisers are telling The Jacobsen that activity in the space is beginning to pick up slightly. There appears to be a slight decline in the values that Merchandisers are seeing for non-GMO soybean meal which has slipped down to $110 over conventional, which is slightly squeezing the margins received by crushers. Non-GMO corn prices are stable and remain in the $0.10-$0.30 range over conventional prices.
Despite the continued uptick in supermarket sales across the US, there has been very little increase in prices. Supermarket sales during the past 6-months have seen a one month year over year sales increase of as much as 35% year over year to the low in August which was 9.5% year over…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...